The bulls’ control over the direction of the price of the USD/JPY currency pair awaits the reaction from the testimony of US Central Bank Governor Jerome Powell today and tomorrow.
Technical Analysis
The most active trading sessions for the USD/JPY take place in Tokyo, London and New York. Day traders look mostly to the London and New York sessions but those trading wishing to trade on the Asian markets can do so between 2400 GMT - 0900 GMT.
USD/JPY has traditionally been the most politically sensitive currency pair, with successive U.S. governments using the exchange rate as a lever in trade negotiations with Japan. For day-to-day trading, the most significant feature of USD/JPY is the heavy influence exerted by Japanese institutional investors and asset managers.
The USD/JPY has recently dipped below 101.00. Read the Daily Forex USD to Japanese Yen forecast and get access to the most up-to-date statistics, analyses and economic events regarding the USD/JPY.
Most Recent
Technical Analysis
Technical Analysis
Technical Analysis
On Monday, the US dollar experienced a slight decline early in the trading session against the Japanese yen, but it quickly rebounded as buyers stepped in, allowing it to continue its recovery trend.
Technical Analysis
US job growth likely moderated last month after the sharp pace in January, while the country's unemployment rate was likely to hold steady at a 53-year low.
Technical Analysis
Top Forex Brokers
During Friday's trading session, the USD/JPY pulled back slightly, with the market appearing to head towards the ¥136 level in the short term.
Technical Analysis
The US dollar made an attempt to rally during Wednesday's trading session but quickly gave back its gains.
Technical Analysis
For four trading sessions in a row, every time the bulls try to push the USD/JPY currency pair to cross the resistance barrier at 136.92, its highest in two months, it is exposed to profit-taking sales.
Technical Analysis
Advertisement
The bulls’ control over the performance of the price of the USD/JPY currency pair increased during this week’s trading.
Technical Analysis
During Tuesday's trading session, the USD/JPY demonstrated some upward momentum, as the latter currency continues to suffer due to the Bank of Japan's monetary policy.
Technical Analysis
After the closing of last week’s transactions, the price of the USD/JPY currency pair stabilized around its highest gain in two months.
Technical Analysis
Bonuses & Promotions
On Monday, the USD/JPY experienced a minor pullback in its bullish trend, but it remains a very strong currency.
Technical Analysis
The USD/JPY moved higher going into the weekend, and in early trading this morning the currency pair sustained its upwards momentum.
Technical Analysis
The Japanese yen was near the bottom of the group of major currencies in the last session of last week's trading.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
The USD/JPY made an interesting move during Friday's session, as it was sold down to the 200-Day EMA, only to bounce back up again.
Technical Analysis
The USD/JPY has rallied during Thursday's trading session as the market closely monitors the ¥135 level.
Technical Analysis
The return of the look of the clear divergence between the future of the Japanese central bank’s policy, even under new leadership, and the policy of the US Federal Reserve.
Technical Analysis